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Market Insights

Top Crypto News of the Week: Market Movers & Big Updates

ICOPAX
Last updated: July 12, 2025 8:52 pm
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Top Crypto News of the Week: Market Movers & Big Updates
Top Crypto News of the Week: Market Movers & Big Updates
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The world of crypto keeps evolving and there are lots of news to talk about. Regarding crypto news, you may be curious about the recent market movers and big updates. In this post, we are going to take a look at some of these.

Contents
Crypto News: Bitcoin is One of the Recent Market MoversMemecoins That Refused to Stay Quiet RecentlyCrypto News: Big Updates in Crypto World

Crypto News: Bitcoin is One of the Recent Market Movers

Bitcoin hit a new record high of around $117.9K. This big move seemed to lift the mood across the market, with several stocks tied to crypto following suit. Companies like Coinbase, Riot Platforms, and CleanSpark saw their shares rise more than 3%, riding the wave of optimism. What caused the jump? It’s hard to say for sure. Maybe investor confidence, maybe whale action or maybe just the stars aligning…

Memecoins That Refused to Stay Quiet Recently

While some look to fundamentals, others are watching the memecoin crowd. This week’s crypto news involves some of them seeming to have delivered on the promise. Pudgy Penguins (PENGU), Bonk (BONK) and Fartcoin (FARTCOIN) all saw eye-catching gains. These may not exactly be the coins people talk about in serious investment circles, but we saw some increase in their prices recently.

PENGU, for example, jumped nearly 69% this week, catching attention from some larger holders. It’s trading around $0.016 at the moment, with some folks speculating it could inch closer to $0.020 if the buzz keeps building. BONK also broke out of what chart-watchers call a “pattern” and is now hovering around $0.000017. And then there’s FARTCOIN, which is a token that, despite its name, has been surprisingly resilient. After a dip earlier this summer, it has clawed its way back to about $1.17.

Crypto News: Big Updates in Crypto World

Growth in Restaking Protocols

One of the most noteworthy crypto news recently is the rapid growth of restaking protocols, which are changing how users interact with staking and rewards. Platforms like EigenLayer have introduced the ability to reuse staked assets across multiple networks, a concept that has caught on quickly, with over 3.5 million ETH locked at the time of writing. Meanwhile, the concept is expanding into Bitcoin restaking, with projects like Lombard issuing LBTC, a token that represents staked Bitcoin, which can then be used to earn additional yield across other protocols.

Developments in RWA Tokenization

Another significant update is the continued rise of real-world asset (RWA) tokenization, which has started to take hold among institutions. As of mid-2025, the market cap for the RWA sector has reached over $37 billion, with tokenized U.S. Treasuries alone hitting billions of dollars in value. Major players like BlackRock and Ondo Finance are leading the charge, offering tokenized financial products that combine blockchain accessibility with traditional investment instruments. This movement marks a critical step in bridging the gap between decentralized finance and legacy systems.

Changes in Meme Launchpad Sphere

Another important development in crypto news: the infrastructure around memecoins is also undergoing a quiet transformation with the rise of meme launchpads. Tools like Pump.fun and the now-dominant Bonk.fun have made it easier than ever for users to create and distribute tokens with almost no technical knowledge required. Bonk.fun, in particular, has recently overtaken its predecessor, capturing more than 55% of the meme launchpad market share.

Stablecoin Market Keeps Growing

Finally, the stablecoin market continues to grow, acting as a barometer for capital inflow into crypto. The total market cap for stablecoins has now climbed to $264 billion, indicating strong demand for blockchain-based dollars. Projects like Ethena’s USDe and Sky Finance’s USDS are pushing the boundaries of what stablecoins can do, offering yield-generating mechanisms that operate fully on-chain. If you want to check out more news about crypto, check out our blog page.

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